Summary - 106 GREGORY BOULEVARD NOTTINGHAM NG7 5JE
3 bed 3 bath Terraced
Freehold Victorian building with driveway and immediate rental potential.
Freehold three-storey terrace converted into three one-bedroom flats
A three-storey mid-terraced freehold arranged as three self-contained one-bedroom flats, offered with immediate investor appeal. Each flat includes a living room, kitchen, double bedroom and bathroom; the property currently yields a marketed rental potential of about £1,950pcm. The building benefits from a driveway for off-street parking and a secure rear yard — useful practical assets for tenanted flats.
The accommodation is modest and will need refurbishment in places: kitchens are dated (1970s style) and some internal updating is likely. EPCs for two flats are mid-range (D and C), with the third awaiting certification; walls are solid brick and insulation appears limited, so energy improvements would reduce running costs and boost rental value. The plot is small and external amenity is minimal.
Location strengths include a sought-after NG7 postcode, short journeys to Nottingham city centre and Castle Retail Park, and nearby local amenities and schools. However, the immediate area shows signs of high crime and significant deprivation, which investors should factor into lettings strategy and rental forecasting.
This is a straightforward value-add purchase for a landlord or small portfolio buyer: buy as-is to secure income, then improve kitchens, thermal performance and décor to increase rents and capital value. Buyers are advised to commission full surveys and check individual flat EPCs, services and tenancy details before purchase.
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